Financial Markets

December 8, 2019

Why It’s Tough to Make Stock Market Predictions

The long term increase of the S&P 500 and the Dow Industrials misleadingly entices investors to believe that it's easy to make stock market predictions.

March 11, 2019

How Norway Avoided Dutch Disease

Avoided by Norway, Dutch disease is contracted by nations that let a commodity windfall dominate what they produce and spend.

December 21, 2018

How a Sock Puppet Created a Bubble

Ranging from sock puppets in 2000 to the spread of the automobile in the 1920s, the causes of market bubbles are different and yet similar.

November 14, 2018

Six Facts: What We Need To Know About World Debt

The six facts that summarize world debt identify the big borrowers, the risky borrowers, and the criteria for deciding how much to worry.